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    Managerial Accounting Study Set 15
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    Exam 5: Journal Entries to Record Variances
  5. Question
    If the Actual Rate Per Direct Labor-Hour Exceeds the Standard
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If the Actual Rate Per Direct Labor-Hour Exceeds the Standard

Question 13

Question 13

True/False

If the actual rate per direct labor-hour exceeds the standard rate per direct labor-hour, then the journal entry to record the Labor Rate Variance would be a debit.

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